This afternoon Bernard Madoff was given a 150 year prison sentence for masterminding the largest fraud the world has ever seen .
The gallery cheered as the sentence was handed down.
But his wife Ruth said after the hearing that she felt “betrayed and confused”, though probably not as much as the billions of tax payers who have had to pay for his and others’ greed.
I think this limerick from the New York Times sums it up quite well;
With Bernie’s cachet as the lure,
Even smart folks invested, quite sure
That with Madoff, funds grow
And sweet dividends flow.
Now they find themselves swindled … and poor.
The last person to emigrate from countries which reward people like Madoff until they get caught out, please shut the door on your way out.